Zacks Research cut shares of Cactus (NYSE:WHD – Free Report) from a strong-buy rating to a hold rating in a research note issued to investors on Monday,Zacks.com reports. Citigroup raised Cactus from a “neutral” rating to a “buy” rating and increased their target price for the stock from $45.00 to $55.00 in a research report on Thursday, December 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Cactus in a report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Cactus presently has an average rating of “Hold” and an average price target of $50.20.